The largest jury verdict in U.S. history has been tossed by the Florida Supreme Court today.

It upheld a lower court's decision to overturn a $145 billion class action verdict against Philip Morris, R.J. Reynolds and other cigarette makers. A Florida appeals court threw out the verdict in May 2003 calling it "grossly excessive" and "proof of a runaway jury."

In July of 2000, a Miami jury ordered the cigarette companies to pay $145 billion to Florida smokers on allegations of consumer fraud.

This is the second huge win for Philip Morris within a year.

The Florida decision comes after the Illinois Supreme Court ruled on Dec. 15, 2005, that Philip Morris doesn't have to pay a $10.1 billion damage award to smokers of its light cigarettes.